India's Adani Ports Q2 Profit Jumps as Cargo Volumes Surge
Adani Ports and Special Economic Zone, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes. The company's consolidated profit for the quarter-ended Sept. 30 rose to 16.77 billion Indian rupees ($203 million). It had reported a profit of 9.95 bln rupees a year ago. Revenue from operations surged 33% to 52.11 billion rupees from a year ago.
Tech File: VIKING Norsafe E-Mako-655, the All-electric Rescue Boat
VIKING Life-Saving Equipment and maritime electric motor systems developer Evoy launched an electrically powered 6.55m rescue boat, the VIKING Norsafe E-Mako-655. The Mako-655 is an existing rescue boat design that, up until now, has only been offered with traditional engine propulsion due to the current IMO/SOLAS regulation which states that rescue boats of this type must have at least one internal…
'Carbon Free' Platfom Supply Vessel Firm Launched in Norway
Norway-based company Amon Maritime has launched Amon Offshore - a new company focused on the offshore oil and gas market – with plans to operate carbon-free platform supply vessels. The ship has already received approval in principle from DNV and preliminary flag approval from the Norwegian Maritime Authority, Amon Maritime said. Amon Offshore has been created to build, own and operate a fleet of ammonia-powered supply ships for the Norwegian Continental Shelf.
Gas Shipping Firm Anthony Veder Renews Connectivity Deal with Inmarsat
Rotterdam-based gas-shipping company Anthony Veder has renewed its connectivity agreement with Inmarsat to increase its Fleet Xpress bandwidth allowance. The contract applies to every vessel in Anthony Veder’s tanker fleet."The agreement was reached following a successful trial in which Anthony Veder used the upgraded-bandwidth Fleet Xpress plan to run a data-intensive video-conferencing platform in a busy shipping lane…
Region in Focus: Norway’s West Coast Shipping Tech Hub
Two load-bearing pillars of Norway’s leading maritime industry cluster in Sunmøre on the country’s west coast – offshore energy and the expedition cruise sector – took severe knocks from plunging energy prices in the 2010s followed by COVID-19. However, a recent tour of the region found the cluster in recovery mode.At the time, the cluster’s diversification strategy was to dive into the emerging expedition cruise sector: small…
MODEC Confirms FPSO FEED for Exxon's Uaru Oil Field Offshore Guyana
Japanese floating oil and gas production systems provider MODEC has signed a contract to perform Front End Engineering and Design (FEED) for an FPSO vessel for ExxonMobil's “Uaru” oil field development project offshore Guyana.The FEED contract award relates to the initial funding by ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), to begin FEED activities related to…
US Charges former Boxer Over $1 Billion Containership Cocaine Seizure
A former heavyweight boxer from Montenegro was charged by the U.S. Department of Justice on Monday with trafficking in 22 tons of cocaine worth over $1 billion, most of which was part of one of the largest cocaine seizures in American history.Goran Gogic, 43, was arrested on Sunday night while trying to board a flight to Zurich from Miami International Airport, after being indicted by a grand jury…
Pacific Basin Chooses Methanol as Preferred Fuel
Hong-Kong-headquartered dry bulk shipowner Pacific Basin Shipping said it sees methanol as its best option as it pursues commercially viable zero-emissions vessels.In May 2022…
Austal USA Names Alcathie VP of Human Resources
Mobile, Ala. shipbuilder Austal USA announced it has hired Michelle Alcathie as vice president of human resources, responsible for the overall development and implementation of company-wide human resources policies, programs and services.Alcathie is a human resources administrator with over 25 years of experience leading workplace transformations that support long-term strategic business plans.Before joining Austal USA…
Container Rates: Calm Before the Storm?
Stubborn long-term container rates refuse to follow in footsteps of huge spot declines, but change is coming - XenetaWith dramatic spot rate falls, a non-existent peak season, and easing port congestion freeing up capacity, the scene was set in October for a significant decline in long-term ocean freight rates. However, the latest data from the Xeneta Shipping Index (XSI) reveals global contracted rates fell by only 0.6% this month…
U.S. Designates Offshore Wind Farm Development Areas in Gulf of Mexico
The U.S. Gulf of Mexico, best known to the offshore energy industry as an oil and gas province, is for the first time opening its doors to the offshore wind industry, with the U.S administration on Monday designating two areas for offshore wind development in the region.The U.S. Bureau of Ocean Energy Management (BOEM) on Monday said it had finalized two Wind Energy Areas (WEAs) in the Gulf of Mexico…
Grain Ships Sail Despite Moscow's Pullout from Deal; Missiles Rain on Ukraine
Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have caused world hunger, despite suspending its participation in a U.N. program to safely export grain from the war zone.Air raid sirens blared across Ukraine and explosions rang out in Kyiv, sending black smoke into the sky as Russia rained missiles down in renewed air attacks.
AAPA Elects Strawbridge as Next Board Chairman
Trade group the American Association of Port Authorities (AAPA) elected a new Chairman of the Board of Directors, Sean Strawbridge of the Port of Corpus Christi, last week during its 111th Annual Convention and Expo in Orlando, Fla. Outgoing Chairman Mario Cordero of the Port of Long Beach made the formal announcement during his address to members and attendees.AAPA President and CEO Chris Connor remarked on the transition…
Russell Tapped to Lead USCG's Center for Arctic Study and Policy
Capt. Tony Russell (CG Ret.) has been named as the Executive Director for the Center for Arctic Study and Policy (CASP) at the Coast Guard Academy.CASP serves as a Coast Guard-focused academic think tank to promote research, broaden partnerships, and educate future leaders about the complexities of the Arctic region. Through interdisciplinary efforts across the Academy, and in collaboration with U.S.
VIDEO: Tanker Runs Aground in Singapore Strait
Djibouti-registered tanker YOUNG YONG ran aground off Takong Kecil in the Riau Islands, Indonesia in the Singapore Strait at around 2020h on 26 October, the Maritime…
Celebrity Leaps Ahead of Regs with new RWO Wastewater Treatment Systems
RWO recently completed two installations of its next-gen advanced water treatment system (AWTS); the CleanSewage Membrane Reactor (CS-MBR), for Celebrity Cruises. The sewage treatment plant on the Celebrity Solstice-class vessels, Celebrity Silhouette and Celebrity Reflection, have been upgraded to the CS-MBR system, with an additional three orders placed to complete the fleet-wide upgrade.RWO’s CS…
ABB's Shaft Generator System for Northern Lights CO2 Carriers
ABB will deliver the shaft generator system with permanent magnet technology for the first dedicated CO2-storage vessels ever to be built. The vessels will be constructed by the Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC).Due for delivery in 2024, the two vessels will support the Northern Lights carbon capture and storage (CCS) project by transporting greenhouse gas from industrial emitters to an onshore terminal in Øygarden, Norway.
Keel-Laying for NOAA's Discoverer at Thoma-Sea
NOAA, the U.S. Navy and Thoma-Sea Marine Constructors (TMC), LLC., recently held a keel-laying ceremony today in Houma, La., for Discoverer, a new oceanographic research vessel being built for NOAA.The keel-laying ceremony marks the beginning of a ship’s construction. Second Gentleman Douglas C. Emhoff was named the ship’s sponsor. In keeping with maritime tradition, the initials of the ship’s sponsor…
Training the Next Generation of Maritime Cyber Warriors
The 2022 Maritime Risk Symposium scheduled to be held November 15-17, 2022, hosted by Argonne National Laboratory, will feature a panel discussion entitled "Training the Next Generation of Maritime Cyber Warriors."The cyber threats to the maritime environment are increasing in scope and magnitude while the talent stream struggles to keep up. This panel will address some of the innovative ways in which…
What is Known About the Drone Attack on Crimea?
Russia suspended participation in the U.N.-brokered Black Sea grain deal after what it said was a Ukrainian drone attack on vessels in the Bay of Sevastopol in the early hours of Saturday. What do we know so far? WHAT HAPPENED? Russia said 16 air and maritime drones attacked civilian and Black Sea Fleet vessels in the Bay of Sevastopol in Crimea at 0420 Kyiv time on Saturday. Russia said all nine of the air drones were destroyed.
